Prices came off slightly as 2.3 million mt were offered in the MMTC tender that closed Aug. 26. The East Coast low was $283.52/mt CFR against $290/mt CFR from the RCF tender earlier this month. The West Coast low was $288.89/mt CFR, representing an 11 cent drop from the previous tender. The lowest FOB price came from PIC with 30,000 mt at $280/mt. Fertiglobe offered 100,000 mt at $281/mt FOB for Egyptian tons and 90,000 mt at $284/mt FOB from the Arab Gulf, representing prices not far off from their offer in the last tender.
Transparency Across the Fertilizer Value-Chain